Here’s a very interesting Washington Post Article . I found this article kinda intrguing for several reasons. You don’t see too many writers out there who are insightful enough to make this comparison, so kudos to Mr. Fisher. He makes some valid points here. I know alot of people who think the inverse of this and here’s my slant on this. Satellite Radio is everywhere that you are and as they say content is king and with Digital Radio you simply dont get that.
That’s my 2 cents on this topic. This was a nice refreshing read on this topic that rarely gets talked about.
XM has now eclipsed the 6.5 million mark. The press release is here
What else can you say…very nice going XM !!!
I sure did. The stock rose about 3% today. Well let’s see there were really no press releases today that would merit this jump, so you start thinking, why is this ? There were all kinds of rumors circulating today about CBS Radio wanting to buy XM. This development I can’t fathom in any way shape or form. As stock holder and as someone who is addicted to XM this move would not only piss me off beyond belief, but it makes no sense at all for either party. Forunately, there were no merit to these rumors at all.
This is the article that started today’s buzz But these rumors are truly unfounded and based on nothing concrete.
Im sure more rumors and innuendo shall fly from this. But I really think people tried to turn this article into something its not. Not that Im complaining about today’s bump, but I think the article did blow somethings out of portion
I usually don’t make posts about Howard Stern, but here’s one of those times where I find it neccessary. Howard admitted to giving O & A the gag order on The Sean Hannity Show yesterday. O & A have been raving about this for years and now that he’s admitted this I think this really gives the boys the upperhand as well as credibility. As far as Howard’s comments on this all I gotta say is what a scumbag. He used his position and influence to not only keep the boys from doing what they love, but also keeping them unemployed as well…I mean what kind of crappy thung to do. I dont want you competing with me so I’m going to get other people to handle the dirty work for me is what Howard is saying…grrrrr
FMFIND.info is a pretty neat little tool for those who haven’t heard about it. The purpose of this site is to find the best station to broadcast your receiver out on. I tried it earlier and sure enough I’m getting a little bit clearer signal than I was on the station I was previously using.
Anyways, cool little web tool that I thought was worth mentioning.
I apologize about yesterdays vague post on my part about XM now having commercials on 4 of their stations. So let me elaborate on this. XM has 4 stations which content is being provided to them from Clear Channel. So Clear Channel is imposing commercials on XM. So now Sunny, KISS, MIX, and Nashville are going to have commercials thanks to our friends @ Clear Channel….grrrrrrrr.
Makes me wonder about the whole WLW deal which just so happens to be a Clear Channel station. In any event there’s really no silver lining here. Clear Channel is more or less trying to rain on the XM parade. At least the 4 channels that were choosen are ones I dont think anyone listens to a whole lot. Thats not the point though this is just infuriating.
I now parallel Clear Channel with the RIAA…they are both scared and feel threatened right now.
This sends one message to me…Clear Channel is scared and threatened by Satellite Radio….as well they should be. Only thing I do know about this is its gonna get ugly folks…very ugly
Stumbled upon a nice article over @ Forbes I haven’t seen too many positive wrietups of Satellite Radio as of late. I feel that alot of the analysts just dont get what its all about. Maybe I dont understand their slant…but yet I do. I know its time for Satellite Radio to start showing profits, which is what this write up is about.
Anyways…very nice writeup from an analyst who seems to get what XM has to offer.
Well as many of you know today XM Satellite Radio had an earnings report call that got a ton of press today. The official press release is here.
Here’s a quick lowdown of the press release:
- XM added more than 2.7 million net subscribers, to more than double subscription revenue to $503 million.
- XM expects to be cash-flow positive in the fourth quarter of 2006 with $806 million in subscription revenue, and expect to exceed 9 million subscribers by the end of 2006 as well
- By 2010, XM Satellite Radio is expecting to have more than 20 million subscribers.
- XM ended 2005 with 5,932,957 subscribers, an increase of 84 percent over 2004.
- XM achieved net subscriber additions of 898,315. Later than expected activations from strong holiday sales brought the total to more than six million during the first week of January.
On the downside Pierce Roberts who sat on XM Radio’s Board of Directors resigned today, so perhaps we’ll see some changes @ the executive level. I think as long as XM is cash positive by the end of the year they’ll be looking good.
XM Satellite Radio has scheduled a conference call on Thursday, February 16, 2006, at 10am ET to announce and discuss its fourth quarter and full year 2005 financial results. You can catch the webcast .
This should be an interesting call with the pounding the stock has taken lately. I’m very curious to hear how XM is responding to the short sellers. Personally, I think that’s what is killing the stock. I guess its time to just wait and see.
As most of you know I usually don’t like talking about Howard, but let’s just call this a follow-up to my last Howard post There have been several articles about how Satellite Radio stocks are taking a nose dive.
I find it very interesting that every write up I see about Sirius is directly linked to Howard somehow. You can almost interchange the words Sirius and Howard. Those 2 names should be mutually exclusive. I’ll admit I don’t keep close tabs on Howard, but I do keep my eyes on the Sirius subscriber numbers and that Karmazin can’t be happy with what he’s seeing, on the other hand he got stuck with Howard and didn’t have much say in the matter. Let’s face it if you are an investor in Satellite Radio you better be there for the long haul. What I don’t get is the big sell off lately which is driving the price down of XM and Sirius. The thing I find funny is that Worldspace hasn’t slipped a whole lot and I consider them to be more vulnerable.
I do agree with what some of the analysts are saying. The short sellers are scary. They used to scare me back in the day as well, but in any event. There is one thing that is very clear. Howard is Sirius and I really think there is no escaping that, but he is definitely not Satellite Radio. I think there are approximately 6.2 million people that will atest to that.
Ok thats the end of my Howard rant. I’ll try not to let it happen again …really I will